Procurement Resource Analyses the Production Cost of 2-Hydroxypropanoic Acid in its New Report
Analyses Overview of The New Production Cost Report of 2-Hydroxypropanoic Acid
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of 2-hydroxypropanoic acid. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence 2-hydroxypropanoic acid production cost, looking into the capacity expansions, plant turnarounds, mergers, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Lactic acid, commonly known as 2-hydroxypropanoic acid, is an organic acid. It is miscible with water and has a white solid-state. It is a clear liquid with no colour. Both synthetic and natural sources are used to create this chemical molecule. Alpha-hydroxy acid is another name for lactic acid (AHA).
Factors Impacting the 2-Hydroxypropanoic Acid Production Cost:
In the year 2021, food and drinks became the second-largest application sector. Lactic acid may improve the flavour of food and drinks while also extending their shelf life by inhibiting the growth of harmful microbes. With its rising penetration in the fish, poultry, and meat sectors, demand for this product is expected to rise as a result of these features. In addition, lactic acid is an important ingredient in the creation of PLA, which is then used to make biodegradable plastic. Biodegradable polymers are employed in a variety of sectors, including packaging and chemical manufacturing. Lactic acid is a natural solvent that may be used for metal cleaning as well as mechanical cleaning. These factors are expected to impact the production cost of 2-hydroxypropanoic acid.
Procurement Resource Assessment of 2-Hydroxypropanoic Acid Production:
The production cost report by Procurement Resource assesses the production of 2-hydroxypropanoic acid via Fermentation. In this process, lactic acid is manufactured in the industrial sector through bacterial fermentation of carbohydrates or chemical synthesis from acetaldehyde.
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